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Microcap & Penny Stocks : Bid.com International (BIDS) -- Ignore unavailable to you. Want to Upgrade?


To: Rocky510 who wrote (21693)4/17/1999 9:53:00 AM
From: Sili Investor  Read Replies (2) | Respond to of 37507
 
FWIW, I'll throw my two cents in:

1) Both ATI and RIMM DID NOT release press releases BEFORE they started trading on NASDAQ.

Expect the same from BIDS.

2) The dip we experienced on Thursday was due to options being exercised and shares promptly sold. The surge at the end of the day was obviously the index funds loading up for TSE 300 inclusion.

3) The dip we experienced on Friday was due to options being exercised and sold. Just look at the house positions, Greenline had net sold over 300000 shares. That's alot of retail options and people taking profit off the table.

4) Share price will start to move up early next week with or without NASDAQ announcement.